LG Electronics’ operating profit drops in Q4

LG Electronics’ operating profit drops in Q4

Seoul: LG Electronics, South Korea’s leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global economic uncertainties. Operating profit for the three months ended in December dropped to an estimated 146.1 billion won ($100.7 million) from 312.5 billion won in the same … Read more

New ‘disco fridge’ comes with Bluetooth speaker & ice ball maker – but nifty trick makes your food last longer

New ‘disco fridge’ comes with Bluetooth speaker & ice ball maker – but nifty trick makes your food last longer

FROM the icebox of the 1900s, and the 4-door of the 2010s, comes a new ‘disco’ era for the beloved refrigerator. Kitted out with a Bluetooth speaker and an ice machine that makes perfect spheres, LG Electronics has unveiled a new four-door party fridge. 3 As well as colours, and tunes, the fridge can display … Read more

LG Electronics India launches ‘Life’s Good Scholarship Program 2024’ to aid meritorious students in academic pursuits | Education

LG Electronics India launches ‘Life’s Good Scholarship Program 2024’ to aid meritorious students in academic pursuits | Education

LG Electronics, one of the leading consumer durable brands of the country, has launched its flagship Life’s Good Scholarship Program to aid students across India in their academic journey. The CSR initiative is aimed at providing financial assistance to students to pursue higher education, with a special focus on promoting girl child education. The first … Read more

LG targets over $725 million in sales from smart factory solutions by 2030

LG targets over 5 million in sales from smart factory solutions by 2030

Mumbai: More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on Thursday. The trend underscores the rapid technological adoption and innovation across the Indian startup ecosystem, now ranked third globally, following the US and … Read more

LG launches next-gen AI TVs in different sizes in India

LG targets over 5 million in sales from smart factory solutions by 2030

New Delhi: LG Electronics on Wednesday launched the next generation of artificial intelligence (AI) TVs in different sizes starting from 43-inch to 97-inch in India. The 2024 lineup features LG OLED evo AI and LG QNED AI TVs including the LG OLED 97G4. The new lineup comes available at a starting price of Rs 62,990. … Read more

LG Electronics reports 11 pc decline in Q1 profit as costs rise

LG Electronics’ operating profit drops in Q4

Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and intensifying competition. Its first-quarter operating profit came to 1.33 trillion won ($984.9 million), down 11 per cent from 1.5 trillion won a year … Read more

LG UNVEILS LATEST HVAC SOLUTIONS AT AHR EXPO 2024

LG UNVEILS LATEST HVAC SOLUTIONS AT AHR EXPO 2024

LG UNVEILS LATEST HVAC SOLUTIONS AT AHR EXPO 2024 Company’s Focus on Sustainable Solutions, Whole Home Electrification and Commercial Innovations on Display at World’s Largest HVAC Industry Tradeshow SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ — LG Electronics (LG) is unveiling its latest heating, ventilation and air conditioning (HVAC) solutions at AHR Expo 2024, taking place … Read more